BNET Industries
Media General Inc. (MEG) is in the Media Industry
- Revenue
- Dec 30 2007
- $932.1M
- Profit
- Dec 30 2007
- $142.2M
- Market Cap
- Jul 22 2008
- $305.5M
Latest News and Analysis
New York Times Quarterly Profit, Revenue Fall
NEW YORK (Reuters) - New York Times Co NYT reported lower quarterly profit and revenue on Wednesday as newspaper advertising revenue fell nearly 12 percent. Second-quarter income from continuing operations fell 5.5 percent to $20.9 million, while earnings per share from ...
A Silver Lining in the Newspaper Crisis
Jeff Bercovici submits: If you're a regular reader of blogs like this one, you might have concluded there's nothing positive to say about the current state of the newspaper industry. So it's striking just how much good news there is to be found in a major study released today...
Media General, Inc. Q2 2008 Earnings Call Transcript
Media General, Inc. MEG Q2 2008 Earnings Call
What Do You Buy When You Buy a Newspaper Company?
Jeff Jarvis submits: Alan Mutter runs the numbers to see which newspaper companies could be taken private and Mark Potts fears they could be taken private by private-equity blood/cash-suckers. A few examples: Mutter says the Times Company NYT would need to borrow $2 billion to go private, Gannett GCI...
Gannett Quarterly Profit Falls, Plans Writedown
NEW YORK (Reuters) - Gannett Co Inc GCI, the largest U.S. newspaper publisher, posted a 36 percent drop in preliminary quarterly profit on Wednesday because of a worsening decline in print advertising sales, and said it plans to take a writedown...
Few Print Readers Use Local Newspaper Websites
Research Recap submits: Websites are touted as the “great online hope” of print publications, but a recent survey of local newspaper readers shows that this is not the case - at least not yet. According to a survey by the Readership Institute at NorthWestern University, newspaper web...
Whistling 'Taps' For Media Stocks
Jeff Jarvis submits: Alan Mutter compiles the bad news for news and media stocks. What’s worse than bad news? Really bad news? The shares of five newspaper publishers plunged to new lows in early trading today, including the shares of GateHouse Media, which fell to $1 per share, threatening...
Rethinking Newspapers vs. the Internet
Jeff Jarvis submits: When I saw Edward Roussel, head of digital for the Telegraph, on my last trip to London, he said over breakfast that he’d been thinking about my book title’s question — What Would Google Do? — in relation to newspapers and he came up with a...
Yahoo and the Newspaper Publishers: Playing with Fire
Ken Doctor submits: As Yahoo YHOO burns, the newspaper industry watches, hoping it won't get singed. The Google/Yahoo search ad agreement has drawn lots of comments over the past couple of weeks, but its impact on newspaper consortium members has gotten little attention. The deal itself, if implemented,...
Newspapers' 'Near Death Spiral,' Courtesy Web 2.0
Research Recap submits: Just as newspapers start to figure out how to make some revenue via the Internet, Web 2.0 is changing the rules and further fragmenting their diminishing audiences. Forrester Research details the impact that blogs and RSS feeds are having on newspapers in a...
Automotive Angst: Detroit?s Woes Impact TV Stocks
Steve Wonsiewicz submits: For investors in pure play television stocks, the comments coming out of Detroit in the wake of disappointing sales of new vehicles in May were not what you wanted to hear. While most industry observers expected sales to be down, the extent of the decline in large...
Memo to Print: It?s the Multiples
Ashkan Karbasfrooshan submits: Back in March 2007, I penned Stop the Newspaper Obituary, Please, commenting that in essence, yes the print business is shrinking, but that the main culprit was the price-to-sales and price-to-earnings multiples that print businesses were fetching. In fact, back then (roughly 13 months ago),...
Print Is Toast - Ballmer
Erick Schonfeld submits: Microsoft MSFT CEO Steve Ballmer sat down for lunch with editors and reporters at the Washington Post and told them print will be dead in ten years: There will be no media consumption left in ten years that is not delivered over an...
Microsoft's Ballmer Kills Print
Jeff Jarvis submits: In an interview with the Washington Post, Steve Ballmer goes a bit farther than even I would go killing print. But that’s the problem; that’s the way print people look at it. What he’s really saying is that delivery over IP will have so much greater...
Ballmer on Newspapers: Wrong Again
Mathew Ingram submits: There’s lots of buzz out there about how Microsoft MSFT supremo Steve Ballmer figures the newspaper will be dead in 10 years — oh yes, and magazines too. Here’s what he said to the Washington Post: Here are the premises I have. Number one, there...
Media General Inc. Q1 2008 Earnings Call Transcript
Media General Inc. Q1 2008 Earnings Call Transcript
Media General Q4 2007 Earnings Call Transcript
Media General Q4 2007 Earnings Call Transcript
Media General Q3 2007 Earnings Call Transcript
Media General Q3 2007 Earnings Call Transcript
Additional Resources
Elan Announces Webcast of Second Quarter 2008 Financial Results
DUBLIN, Ireland -- Elan Corporation, plc announced today that it will host a conference call on Thursday, July 24, 2008 at 8:30 a.m. Eastern Time ET, 1:30 p.m. British Summer Time BST with the investment community to discuss Elan's second quarter 2008 financial results, which will be released before the...
Medarex Announces July 10 Live Webcast of R&D Day Event
PRINCETON, N.J., July 7 /PRNewswire-FirstCall/ -- Medarex, Inc. invites investors, the media and the general public to listen to a live webcast of its 2008 R&D Day event. The webcast will begin on Thursday, July 10, 2008 at 8:00 a.m. Eastern Time and is expected to last approximately...
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- Incorporated: 1969
- CEO: Mr. Marshall N. Morton
Media General is a publicly owned communications company with interests in newspapers, television stations and interactive media. Co. operates in three segments: Publishing, which includes daily and Sunday newspaper operations in Virginia, North Carolina, South Carolina, Alabama, and Florida; Broadcast, which operates network-affiliated television stations in the U.S.; and Interactive Media, which operates in conjunction with its Publishing and Broadcast Divisions to provide online news, information and entertainment to its customers. As of Dec 30 2007, Co. owned 25 daily newspapers, over 150 other publications and 23 television stations, as well as operated more than 75 online enterprises.
Key Competitors
Media General Inc. Company Info
Board of Directors
Mr. J. Stewart Bryan III
Chairman
Mr. Charles A. Davis
Mr. Thompson L. Rankin
Mr. Walter E. Williams
Mr. Rodney A. Smolla
Ms. Diana F. Cantor
Mr. Coleman Wortham III
Mr. Marshall N. Morton
Mr. O. Reid Ashe Jr.
Contact Information
333 East Franklin Street
Richmond, VA
804 649-6000
